UPDATED: Los Angeles City Controller Kenneth Mejia tweeted Friday that StreetsLA would be fining Universal Studios $250 for trimming trees without a city permit. He also said that “outdated l…
UPDATED: Los Angeles City Controller Kenneth Mejia tweeted Friday that StreetsLA would be fining Universal Studios $250 for trimming trees without a city permit. He also said that “outdated l…
Percentage of gross revenue. Movie studios are old hands at making profit disappear. John Cusack posted about how Better Off Dead had (according to the studio accounting) lost money over 30 years, despite grossing millions on a low budget.
Everything should be based on gross revenue - especially taxes. You shouldn’t get to not pay for all the infrastructure your country provides just because you spent too much on the business. The electric Co, water, suppliers, and contractor services get paid whether you make money or not. Government should be the same.